Venus Pipes & Tubes Limited has scheduled its 12th Annual General Meeting (AGM) for September 11, 2026. The meeting is set to begin at 4:00 pm and will be conducted through video conference or other audio-visual means (OAVM), allowing shareholders to participate remotely.

Corporate Action Details

The company issued an intimation under Regulation 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 20, 2026. Alongside the notice for the AGM, Venus Pipes is dispatching its 12th Annual Report for the financial year ended March 31, 2026.

Key Dates and Voting Schedule

Pursuant to Regulation 42 of the SEBI Listing Regulations, the cut-off date (record date) for determining the eligibility of members entitled to final dividend and to vote at the 12th AGM is Friday, September 4, 2026.

Remote e-voting will remain open for a period commencing from Monday, September 7, 2026, at 9:00 am to Thursday, September 10, 2026, till 5:00 pm (both days inclusive).

Members present in the AGM through VC/OAVM and who have not cast their vote on the resolutions through remote e-voting and are otherwise not barred from doing so, shall be eligible to vote through the e-voting system during the AGM. Detailed instructions for remote e-voting, e-voting during the AGM and attending the AGM through VC/OAVM are provided in the Notice of the AGM.

Document Dispatch

The notice and the annual report are being sent electronically to members who have registered their email addresses with the company, depository participants, or the registrar and transfer agent. These documents are also available on the company’s investor relations website.

For shareholders who have not registered email addresses, the company is sending a letter pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations. This letter provides a web link where the annual report can be accessed online. The company noted that there will be no dispatch of physical copies of the Annual Report to members except on request.

The compliance officer, Pavan Kumar Jain, confirmed the dispatch on August 20, 2026.

Venus Pipes & Tubes has submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the Bombay Stock Exchange and National Stock Exchange of India. The filing outlines the company's operational footprint, environmental performance, and safety metrics for the financial year ended March 31, 2026.

The report covers standalone operations, including the manufacturing facility in Dhaneti, Gujarat, and marketing offices across India. Exports accounted for approximately 34.28% of total turnover, with seamless pipes contributing 58% and welded pipes 36% to sales. The company serves over 80 Fortune 500 companies in India and exports to 35 countries.

Environmental Performance

Total energy consumption rose to 213,011 GJ in FY26 from 176,807 GJ in FY25. Renewable energy consumption increased to 7,639 GJ from 7,376 GJ, driven by a 1.3 MW DC captive solar power plant. Non-renewable consumption grew significantly to 205,372 GJ, primarily due to higher usage of Piped Natural Gas (PNG), which reached 131,146 GJ compared to 118,986 GJ in the prior year.

Greenhouse gas emissions (Scope 1 and Scope 2) totalled 22,148.36 metric tons of CO2 equivalent, up from 16,526 metric tons in FY25. The company maintains Zero Liquid Discharge (ZLD) operations, with zero water discharged externally in FY26. Total water withdrawal increased to 67,709.53 kiloliters from 50,599 kiloliters.

Safety and Employee Metrics

The Lost Time Injury Frequency Rate (LTIFR) improved substantially. For employees, LTIFR fell to 0.66 per million person-hours from 2.4 in FY25. For workers, it declined to 1.18 from 4.3. Total recordable work-related injuries dropped to 20 (5 employees, 15 workers) from 55 in the previous year. There were no fatalities or high-consequence injuries reported.

The workforce comprises 477 permanent employees and 1,192 workers. Female representation among permanent employees stands at 4.61%. The company reported a 13.90% turnover rate for permanent employees in FY26, up from 9.99% in FY25.

Governance and CSR

Venus Pipes & Tubes reported no fines, penalties, or regulatory non-compliances during FY26. No complaints were received regarding sexual harassment, discrimination, child labour, or forced labour. The company spent ₹0.020% of revenue on employee well-being measures.

CSR initiatives focused on healthcare, education, nutrition, and rural development. The company confirmed that all statutory dues were deposited and that human rights clauses are integrated into business contracts. No independent external assessment was conducted for the ESG data in this reporting period.